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Regional labour market data for June released by the ABS this morning shows the position in Cairns stuck around a Trend unemployment rate of 8% and falling to 3rd worst place, from 4th last month; this month just Wide Bay (10.2%) and Logan-Beaudesert (9.0%) have higher rates of Trend unemployment. …read more
After last months’ disappointing building approvals data, today’s numbers for May indicate a slightly stronger picture in the Far North. The headline, unadjusted data from the ABS is always too volatile to discern direction from, but the Conus Trend paints a picture. The unadjusted data showed 98 approvals in Townsville, …read more
After yesterday’s disappointing regional data for May (see here) it is encouraging to see the quarterly Dept of Employment Small Area Labour Market (SALM) data for the first quarter of this year confirm the generally positive trend that we have been witnessing earlier this year. The SALM estimates are created …read more
The Trend of improving employment data for the Cairns region that we have been discussing this year appears to have come to a halt. Today’s release from the ABS of unadjusted labour market data for May has the headline unemployment rate in Cairns jumping to 9.8% (from 6.8% in April) …read more
Regional ABS data for April shows building approvals in the Cassowary Coast slowed sharply, despite positive comments from the Council about first quarter data in the local press just last week (see our previous commentary on what appeared strong data). Unadjusted approvals in April were just 2 (after 11 in …read more
The latest Cairns Watch from Herron Todd White (available here), confirms our own Conus Trend analysis of the Cairns labour market. Back on May 14th we posted that the Trend unemployment rate in the Cairns region had improved to 7.2%, unchanged from a downwardly revised April number. You can read our …read more
The ABS regional labour market data released this morning confirms the ongoing improvement in the jobs market in Cairns (see here for last month’s post). As always the raw unadjusted data needs to be set aside in favour of our Conus Trend series to get a true picture of what …read more
The ABS data for regional housing approvals in March released this morning show the positive trend in the Far North continuing, despite the headline data for Cairns weakening slightly from Feb. The unadjusted data from the ABS is notoriously volatile so we need to consider the Conus Trend series to …read more
A piece last week on the Cairns Now website, referring to our own analysis of the March Regional Labour Force data, made note of the variation in the data for males and females in Cairns. The Cairns Now journo was relying on the unadjusted ABS data as there has been …read more
The ABS today released their unadjusted March regional labour force data. The headline data for Cairns showed the unemployment rate stable at 7.9%, while Townsville saw unemployment jump to 9.2% (from 7.7% last month). However, as always, these unadjusted numbers need to be considered at the Conus Trend level to …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series